Hello and Welcome,
In our March newsletter, we would like to draw your attention to a phasing change to funding levels, our new iEngagement service and the latest on Wendy’s challenge.
Phasing Change to Funding Levels!
In order to comply with your employer duties, it is important to note that as of next month, the total contributions based on qualifying earnings will change to 5% with employer payments increasing to 2%. Our systems are already set up to process the new amounts and the automated letters will alter to reflect this from April pay period.
Phasing is the process which automatically increases contributions to automatic enrolment pension schemes and this is done in two increments:
– The first with effect from the 6th April 2018
– The second with effect from the 6th April 2019.
Here’s how the phased levels of contributions look:
*Tax relief from the government at the basic rate of 20% may be claimed for employees by the pension provider.
Please see the attached discretionary letter template link which is available for download to inform staff.
Happiness in the workplace
Here at AutoEnroll.Me we use an experienced human support team who are available to help you every step of the way. Our service now also includes iEngagement delivered in cooperation with
Centralus Employee Engagement Consultancy.What is this new idea all about?
- Smart Payroll for your business
- AutoEnrollMe Pension & Compliance
- Tailored and Rewarding Pension
- Happiness in the Workplace
To find out more about this new approach to business, please download our information brochure.
Declaration of Compliance
If you prefer to contact us directly, please use the Talk to Us button below.
Lands End to John O’Groats
As readers of our newsletter will be aware, Wendy our Finance Director accepted the challenge to cycle from Lands End to John O’Groats to raise money and awareness for Sarcoma Cancer.
Wendy reports training is going well – “but a little less snow and a bit more sun would be welcome!”
If you wish to know more about her story or support her fundraising for this good cause please follow the link to her personal page.
Please support Wendy and donate to Just Giving to help further research into Sarcoma Cancer.